Question 1

How fast can I close a bridge loan in San Pablo?

Accepted Answer

Most bridge lenders close in 7-14 days once you provide equity verification. Some private lenders fund in 5 days for strong borrowers.

Question 2

What happens if my home doesn't sell before the bridge term ends?

Accepted Answer

You can extend for a fee or refinance into a traditional mortgage. Some borrowers sell at a discount to avoid default.

Question 3

Can I get a bridge loan with tenants in my current home?

Accepted Answer

Yes, but lenders factor tenant rights into the exit timeline. Expect stricter equity requirements if eviction could delay your sale.

Question 4

Do bridge loans require an appraisal on both properties?

Accepted Answer

Your current home needs a BPO or appraisal. The new purchase uses the contract price as value in most cases.

Question 5

Are bridge loan rates negotiable in San Pablo?

Accepted Answer

Rates depend on your equity and credit profile. Shopping across our 200+ lenders often saves 1-2 points on rate.

Bridge Loans in San Pablo: Buy Before You Sell